Ind. Code § 30-2-8.6-1
Applicability
Indiana · Indiana Code Title 30 — Trusts and Fiduciaries · Status: effective
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- Citation
- Ind. Code § 30-2-8.6-1, Applicability, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1668097
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Full text
Sec. 1.
(a) This chapter applies to a transfer or declaration creating a custodial trust that refers to this chapter if, at the time of the transfer or declaration:
(1) the transferor, beneficiary, or custodial trustee:
(A) is a resident of; or
(B) has its principal place of business in Indiana; or
(2) custodial trust property is located in Indiana.
(b) The custodial trust remains subject to this chapter even if the transferor, beneficiary, or custodial trustee:
(1) changes its residence or principal place of business; or
(2) removes custodial trust property;
to a location outside Indiana.